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Wednesday, October 08, 2008

I'm laughin' straight to the bank with this

John McCain says he has an economic plan. I'm pretty sure he's full of shit. After all, he was a supporter of Charles Keating, and we know how that worked out:

The Obama Campaign has put the boxing gloves on, and finally gone after McCain for being a fraud and hypocrite about Keating at this website: www.keatingeconomics.com:

The current economic crisis demands that we understand John McCain's attitudes about economic oversight and corporate influence in federal regulation. Nothing illustrates the danger of his approach more clearly than his central role in the savings and loan scandal of the late '80s and early '90s.

John McCain was accused of improperly aiding his political patron, Charles Keating, chairman of the Lincoln Savings and Loan Association. The bipartisan Senate Ethics Committee launched investigations and formally reprimanded Senator McCain for his role in the scandal -- the first such Senator to receive a major party nomination for president.

The message of this site, clearly, is that the failed philosophy and culture of corruption that created the savings and loan crisis are still alive in the current crisis -- and in John McCain's plans for our economic future. It's about time they smacked his ass.